Reference to Capital Market Authority’s regulations concerning disclosure of substantial information and the mechanism for disclosing the same, and reference also to Article 4-1-1of Chapter Four (Book 10) of CMA’s executive bylaws  issued on 9 November 2015.

 

Date: 18/09/2016

 

Listed Company: Kuwait International Bank

 

Substantial Information:We would like to state that KIB has appointed Mr. Kareem Ul-Dein Mustafa Nameq Mohammad, as General Manager, Treasury Department, following obtaining the official approvals from the regulatory bodies. The aforementioned staff has assumed work in the bank effective from Sunday 18.9.2016.

 

Impact of the Substantial Information on the Company’s Financial Position: None.